Mr. Wyatt questions the Treasurer about the cut-off date for revenue estimates in the 2010-11 State Budget, following up on previous announcements and media reports. The Treasurer clarifies the timeline for finalising revenue and expenditure estimates.

AnsweredQoN 164Legislative Assembly
Asked
4 May 2010
Portfolio
Treasurer

QuestionView source ↗

STATE BUDGET 2010–11 — CUT-OFF DATE
As announced by the former Treasurer, the member for Vasse, the budget cut-off date was 21 April 2010, four weeks before budget day of 20 May 2010. I refer to the Treasurer’s comments in The West Australian of 30 April that the 21 April cut-off date was only in respect of expenditure and that final estimates of revenues and the like will be at the last minute and will be included at the last minute in the budget papers. (1) What will be the cut-off date for estimates of revenue? (2) Does the Treasurer still expect to deliver a budget surplus this financial year? Mr C.J. BARNETT

AnswerView source ↗

I thank the member for Victoria Park for the question. (1)–(2) The cut-off date for decisions of cabinet was 21 or 22 April. However, there has been one small decision of cabinet that will be incorporated in the budget. The final estimates by Treasury of both revenue and departmental expenditure will be taken right up to the moment at which the budget goes to printing. Mr B.S. Wyatt : What date is that? Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
(1) What will be the cut-off date for estimates of revenue? (2) Does the Treasurer still expect to deliver a budget surplus this financial year? Mr C.J. BARNETT replied: I thank the member for Victoria Park for the question. (1)–(2) The cut-off date for decisions of cabinet was 21 or 22 April. However, there has been one small decision of cabinet that will be incorporated in the budget. The final estimates by Treasury of both revenue and departmental expenditure will be taken right up to the moment at which the budget goes to printing. Mr B.S. Wyatt : What date is that? Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
(2) Does the Treasurer still expect to deliver a budget surplus this financial year? Mr C.J. BARNETT replied: I thank the member for Victoria Park for the question. (1)–(2) The cut-off date for decisions of cabinet was 21 or 22 April. However, there has been one small decision of cabinet that will be incorporated in the budget. The final estimates by Treasury of both revenue and departmental expenditure will be taken right up to the moment at which the budget goes to printing. Mr B.S. Wyatt : What date is that? Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
Mr C.J. BARNETT replied: I thank the member for Victoria Park for the question. (1)–(2) The cut-off date for decisions of cabinet was 21 or 22 April. However, there has been one small decision of cabinet that will be incorporated in the budget. The final estimates by Treasury of both revenue and departmental expenditure will be taken right up to the moment at which the budget goes to printing. Mr B.S. Wyatt : What date is that? Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
I thank the member for Victoria Park for the question. (1)–(2) The cut-off date for decisions of cabinet was 21 or 22 April. However, there has been one small decision of cabinet that will be incorporated in the budget. The final estimates by Treasury of both revenue and departmental expenditure will be taken right up to the moment at which the budget goes to printing. Mr B.S. Wyatt : What date is that? Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
(1)–(2) The cut-off date for decisions of cabinet was 21 or 22 April. However, there has been one small decision of cabinet that will be incorporated in the budget. The final estimates by Treasury of both revenue and departmental expenditure will be taken right up to the moment at which the budget goes to printing. Mr B.S. Wyatt : What date is that? Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
Mr B.S. Wyatt : What date is that? Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
Mr C.J. BARNETT : It is not a date. In practical terms, that means this week. Therefore, the final calculation and forecasting of revenues and expenditure will be concluded this week, and then the budget will be finalised. So there will be no more government decisions — Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
Mr B.S. Wyatt : Will expenditure and revenue be on the same date? Mr C.J. BARNETT : Yes, basically; that is it.
Mr C.J. BARNETT : Yes, basically; that is it.

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